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Renew an EntrePass

If you hold an EntrePass, you can start applying to renew the pass 3 months before it expires. You will need to meet the renewal criteria for total business spending and number of local jobs created.

At a glance

When to renew

You can start applying to renew when you receive the renewal form, about 3 months before the pass expires.

You need to mail the completed application to us at least 2 months before the pass expires.

Who can renew Pass holder.
What is the duration of the renewed pass

The duration of the pass is as follows:

  • First renewal: 1 year
  • Subsequent renewals: 2 years
How much it costs
How long it takes Within 8 weeks for most cases.

Renewal criteria

Renewal will be based on criteria such as proof of business activities, percentage of shares held in the company, as well as others shown in the following table:

Number of years you have held an EntrePass Your total annual business spending must be at least You must employ at least
1
2 $100,000 3 FTES (full-time employees)

OR

1 PME (professional, manager or executive)
4 $200,000 6 FTEs

OR

2 PMEs
6 $300,000 9 FTEs

OR

3 PMEs
8 or more $400,000 12 FTEs

OR

4 PMEs

Local FTEs refer to Singaporeans and Permanent Residents who earn a monthly salary of at least $1,100 (from 1 July 2017), and receive CPF contributions for at least 3 months.
Local PMEs refer to professionals, managers and executives who are Singaporeans or Permanent Residents, earn a monthly salary of at least $3,600 and receive CPF contributions for at least 3 months.
1 local PME counts as 3 local FTEs. For example, to meet the requirements of 6 local FTEs, you can employ 3 local FTEs and 1 local PME.

  • You need to inform us if you deviate from your original business plan.
  • Total business spending is calculated by deducting the following from the total operating expenses:
    • Expenses due to purchase of royalties, franchise and technical know-how fees from overseas companies
    • Expenses due to outsourcing of work overseas
    • Total remuneration to company’s EntrePass holder(s).

Additional criteria you need to fulfil

You need to provide documentary proof of ongoing business activities as described in the original business plan. You must have at least 30% shareholding of the company.

How to renew

Complete the EntrePass renewal form. Post the form and the required documents to:

Work Pass Division
Ministry of Manpower
18 Havelock Road
Singapore 059764

Documents required

You need to submit the following documents with your application:

  • Latest audited accounts.
  • Central Provident Fund statements for your employees.
  • Office tenancy agreement.
  • Latest company registration information from ACRA.

You may also submit these optional documents to support your application:

  • Corporate bank statements for the past 3 months.
  • Referral letters from customers.
  • Recent invoices issued.
  • Contracts awarded.

Upon renewal

If your renewal is successful, you will get an In-Principle Approval (IPA) letter. It is valid for 3 months.

You must get the pass issued before the IPA or current pass expires, whichever occurs first. The duration of the renewed pass will start when the current pass expires.

Last Updated: 1 November 2017